2000 (9) TMI 276

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..... respondents in this appeal were engaged in the manufacture of excisable goods. They took Modvat credit of Rs. 1,22,225.20 on certain inputs on the strength of cash memos issued by the manufacturers of those goods namely the Indian Oil Corporation (IOC) Ltd. The jurisdictional Assistant Commissioner disallowed the Modvat credit on the ground that the cash memos did not indicate whether they were d .....

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..... IOC s cash memos as document in lieu of invoice issued under Rule 52A of the Central Excise Rules. He has further submitted that the respondents had produced a certificate from the IOC before the adjudicating authority, which certified to the effect that the cash memos had been issued as duplicate copies for the purpose of availment of Modvat credit. He has also submitted that the question wheth .....

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..... the certificate issued by M/s. IOC to the effect that such memos had in fact been issued as duplicate copies for the purpose of availment of Modvat credit, it has to be held that the said cash memos satisfied the requirements of Rules 52A and 57G of the Central Excise Rules for the purpose of availment of Modvat credit. Since there is no other issue involved in this appeal, I find the above issu .....

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